Preview

Financial Analysis Tools

Powerful Essays
Open Document
Open Document
2151 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Financial Analysis Tools
THE BUSINESS PLAN
BUSINESS DISCRIPTION
Company name:
The legal name of the company is MWANANCHI MINI SUPERMARKET
FOUNDER
GROUP SEVEN Address:
P.O. BOX 2798
Arusha
Telephone:
+255 712 920 857
Fax:
+255 27 2549421
Legal form of business:
Based upon competent accounting, legal and tax advice Mwananchi Supermarket was established as Sole Proprietorship with group seven. This business structure will afford Mwananchi mini Supermarket opportunities for having complete control and decision-making power over the business while protecting its equity and loan.
Ownership
SOLE PROPRIETORS
Significant asset
WORKING CAPITAL

Mission statement
Mwananchi Mini Supermarket’s mission is to offer top quality product that cost less and are readily available. Our first responsibility is to the customers who use our products and services and second responsibility is to our employees and community.
EXECUTIVE SUMMARY:
Business Concept:
The purpose of this business plan is to raise Tsh30,000,000 for the expansion of Mwananchi Mini-Supermarket while showcasing the financials and operations of the past three years and expected financials and operations over the next coming years. Mwananchi Supermarket is a mini-supermarket based company that provides a wide selection and variety of products from small domestic (local) industries and imported products from different parts of the world. Mwananchi Supermarket will generate substantial gross margins that will allow the business to generate profitable revenue throughout the course of the calendar year.
MARKET ANALYSIS
Market Competition:
Mwananchi Mini-Supermarket is located in Sakina, Arusha Municipal (along Nairobi Road) a community of approximately 350,000people. It was established three years ago (that is, 2010).
There are approximately 40mini-supermarkets around the area (Sakina). Competition in mini-supermarkets based consumer market is substantial. This is primarily due to the fact that there has become an

You May Also Find These Documents Helpful

  • Better Essays

    The analysis will apply important microeconomic concepts toward the competitive strategies of the Kudler Fine Food Virtual Organization, which affect its long-term profitability. The analysis will evaluate the differences between market structures and review the organization’s strategic plan, marketing overview, market surveys, and other material to evaluate the organization’s competitiveness in the marketplace, including its customers’ views. The analysis will identify the market structure that best applies to the organization, and assess how the market structure positively and negatively affects the firm’s long-term profitability. The analysis will perform a market analysis, reviewing competitive strategies, and make recommendations on how the firm can maximize profits.…

    • 1078 Words
    • 5 Pages
    Better Essays
  • Better Essays

    Eco 365

    • 1071 Words
    • 5 Pages

    Although Kudler Fine Foods has been experiencing significant growth, the organization does have competitors. However, Kudler Fine Foods employs a variety of tactics to remain competitive within the market. One way in particular is Kudler Fine Foods differentiated itself from many competitors in the food market by exclusively offering only gourmet products in its stores. Kudler Fine Foods also strives to ensure that the organization’s customers receive the highest level of customer service attainable. These tactics allow the organization to dominant its share of the market without direct competition from traditional supermarkets (Kudler, 2003). However, there are competitors that pose a significant threat to Kudler Fine Foods. For instance, Cardiff Seaside Market has been in business since 1985 and its location is within five miles of two of Kulder’s stores (Kudler, 2003). Cardiff Seaside Market main products are meat, produce, and…

    • 1071 Words
    • 5 Pages
    Better Essays
  • Satisfactory Essays

    The supermarket industry is a mature industry and has established large players that dominate the market. Continued consolidation and a focus on organic and natural products are the major trends that dominated this industry.…

    • 290 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    You will apply important microeconomics concepts toward the competitive strategies of the Kudler Fine Food Virtual Organization that affect its long-term profitability. You will evaluate the differences between market structures and review the organization’s strategic plan, marketing overview, market surveys, and other material to evaluate the organization’s competitiveness in the marketplace, including its customers’ views. In the process, you will identify the market structure that you believe best applies to this organization, and assess how the market structure positively and negatively affects the firm’s long-term profitability.…

    • 508 Words
    • 3 Pages
    Satisfactory Essays
  • Best Essays

    Many challenges are facing agro-food producers, but also retailers such as our company Tesda, an international supermarket based in UK, that seek to remain competitive in both local and international markets.…

    • 2967 Words
    • 12 Pages
    Best Essays
  • Better Essays

    The first topic on quality is very important; (KSI) has always maintained a very high standard in regards to quality; from the freshness’s of their fruits and vegetable department, to quality standards in which those products and others are presented. Second, the convenience of locations is great; within a 3-5miles radius, there are at least 3-4 locations, and within a 10-12 mile radius, there are at least another 4-5 locations. Now, this third reason is the…

    • 1183 Words
    • 4 Pages
    Better Essays
  • Better Essays

    “Tiny Tees” is a small company which specializes in the design of baby and toddler t-shirts. The way the business is organised is that the owner of the business designs t-shirts for babies and toddlers and sends the designs to the manufactures in order to print them in the selected fabrics. The customers of the company are independent retailers and the House of Frazer. The t-shirts are sent to the retailers by post. In year 7, the sales of the company were halved.…

    • 1734 Words
    • 7 Pages
    Better Essays
  • Better Essays

    What factors are currently involved in successfully competing in the supermarket industry and how will these factors change in the next 10 years?…

    • 1003 Words
    • 5 Pages
    Better Essays
  • Good Essays

    Supermarkets today use online selling methods to reach a wider market, also increasing competition which is possible due to their size as well. Selling via the internet improves the quality of service a consumer receives from a company, especially as they are competing for business with rival supermarkets. Online selling also makes shopping easier for consumers, benefiting competition. This competition means supermarkets are constantly motivated to stay innovative and provide a good service, as to ensure they do not lose customers to rival companies. The large supermarkets are consequently able to offer more efficient services to consumers in response to needs they have identified while trying to be competitive. For example offering prepared vegetables, this saves busy consumer’s time and in turn makes them become more appealing.…

    • 755 Words
    • 4 Pages
    Good Essays
  • Satisfactory Essays

    Baker & Butcher

    • 274 Words
    • 2 Pages

    This small Honolulu restaurant proves that good things come in small packages, especially when you take the time to do things the right way. Stop by The Baker & Butcher for breakfast or lunch, visit the restaurant online to request catering services, and feel free to call them at (808) 537-4140 if you have any…

    • 274 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Walmart

    • 567 Words
    • 3 Pages

    In the rural area, due to the low income level and different consumption pattern, the sales would be insufficient to support a large supermarket. Besides, transportation and infrastructure were underdeveloped without proper management. Local governments were in favor of local companies because of private and fiscal benefits and set up ad hoc barriers to bar foreign retailers.…

    • 567 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    Stakeholder Theory

    • 2565 Words
    • 11 Pages

    commercialise to support food market business. This product has been supply to all 711, Hypermarket, Mini Market and also to the cafeteria around Negeri Sembilan. Now…

    • 2565 Words
    • 11 Pages
    Powerful Essays
  • Good Essays

    Spread over 25,000 sq. ft, it was opened with a commitment to serve the entire ethnic community in Ireland with their complete household grocery needs. Around more than 2000 customers walk into our store everyday and choose their favourite products and services supplied by over 100 small, medium and large entrepreneurs and manufacturers from across India, Middle East, Ireland & UK and this number is set to grow.…

    • 745 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    M-Commerce in Kenya

    • 6051 Words
    • 25 Pages

    The Company’s Mission is to provide Logistical solutions for both small and large companies through quality service. The company will use modern technology to ensure efficiency and the best value for money in the logistical industry in Kenya. This will ensure reduced order to delivery times, and inefficiency caused by inaccuracies.…

    • 6051 Words
    • 25 Pages
    Powerful Essays
  • Powerful Essays

    The above chare shows that 12% of respondents prefer provisional store which is located very near to their home and 2% of them prefer other supermarket. This clearly indicates that the supermarket has the potential market in food retailing. Most of respondents do not purchase entire grocery from supermarket and that it is because supermarket does not provide price reduction on the items like rice, dhal etc which they usually buy in bulk quantity.…

    • 1842 Words
    • 8 Pages
    Powerful Essays